Canada Visitor Visa Proof Of Funds

Im trying to apply for a Canada Tourist Visa to go and visit a friend for a period of 12-days.

Amongst a dozen other things I must show proof of funds. Proof of funds, according to Canada Imigration Center / Website states the following, as can be seen on image

My Question(s)

I have the following questions

If I go to the bank and make an exchange for lets say $2000 for a 12 day visit. Can I use that currency exchange slip I will be getting as proof of sufficient finance for my 12-day visit? (Keep in mind my accommodation is free my friend provides a letter as proof of residence and citizenship)
Is the exchange slip which I will be receiving after converting the money called a convertible bank draft as highlighted on image?

Any help much appreciated

Best Answer

Is the exchange slip which I will be receiving after converting the money called a convertible bank draft as highlighted on image?

No. Your currency exchange slip is a receipt, its proof that a transaction took place but nothing more.

A convertible bank draft is a cheque issued by the bank (commonly called a cashiers cheque, teller's check or bankers draft) which can be drawn on in any Canadian bank in Canadian currency - that is what it means by convertible, it needs to be able to be converted from the currency it was issued to the currency to be drawn, and not all bankers drafts can do that.

get paid mostly cash in hand to avoid taxes among others (dont judge)

Its worth noting that this is exactly why immigration officials ask for provenance of funds - they want to avoid money with this sort of background.

I don't know about Canada, but when applying for a UK visa, the UK immigration officer inspecting your case has to be satisfied of the legality of funds under the same UK laws as everyone else in the UK has to abide by, which means any earnings should have had tax paid on them to the extent required by domestic law in the applicants country etc.